dundee dd5 3up - Graham + Sibbald
UNIT 7, PANMUREFIELD VILLAGE BROUGHTY FERRY INVESTMENT SALE
DUNDEE FOR SALE
DD5 3UP • • • • •
ATTRACTIVE INVESTMENT OPPORTUNITY BENEFITS FROM CLASS 3 CONSENT PASSING RENT £15,600 PER ANNUM LEASE EXPIRY 05/01/2037 POPULAR NEIGHBOURHOOD PARADE LOCATION
the complete property service
UNIT 7, LAWERS DRIVE
FOR SALE
DUNDEE
LOCATION Dundee is Scotland’s fourth largest city with an estimated population of 145,000 and a catchment population in the region of 515,000. The city is the regional centre for commerce, retailing and employment within Tayside and is located on the east coast of Scotland with Aberdeen, Edinburgh and Glasgow all within a 90 minute drive time. More precisely, the subjects are located within the Panmurefield Village, 5 miles north east of the City of Dundee and on the outskirts of the affluent suburb of Broughty Ferry. The property is in close proximity to the A92 Dundee/Arbroath road. Surrounding operators include Dominoes Pizza, Co op Food Store and Davidsons Chemist. The approximate location of the subjects is shown by the OS plan to the side. DESCRIPTION The building comprises a purpose built single storey, mid terraced Hot Foot Takeaway unit. The subjects are of concrete block construction held beneath a pitched roof overlaid in tiles. The property benefits from a fully glazed display frontage and ample car parking close-by. Internally the subjects are regular in configuration and are fully fitted out as a Hot Food Takeaway. Accommodation We have measured the subjects in accordance with the RICS Code of Measuring Practice 6th Edition and estimate the Net Internal Area to be:
Accommodation
Sq m
Sq ft
Hot food takeaway
97.2
1,046
Lease terms/tenancy
Landlord
RB & JL Proprties Ltd
Tenant
SHAHZAD AKRAM
Lease Term
25 years
Date of Entry
06/01/12
Rent
£15,600
Date of Expiry
05/1/2037
Rent Review
5 yearly review platforms
Repair
FRI
Next rent review due 06/01/2017 TOWN PLANNING The subjects benefit from Use Class 3 in terms of the Town and Country Planning (Use Classes) (Scotland) Order 1997
CONTACT: Graham & Sibbald 1 Greenmarket DUNDEE DD1 4QB
PRICE Offers in the region of £190,000 are invited which represents a net initial yield of circa 8% after standard purchaser’s costs. RATING The subjects are entered into the current valuation roll with a rateable value of £11,900. The current rate poundage for the year 2016/17 48.4p, excluding water and sewerage rates. VAT For the avoidance of doubt all figures quoted are exclusive of VAT unless otherwise stated. Any prospective Purchaser should satisfy themselves independently as to the incidence of VAT involved in any transaction. EPC G FURTHER INFORMATION AND VIEWING Further information and viewing arrangements are available by contacting the Sole Selling Agents, Messrs Graham + Sibbald. Garth Davison - 01382 200 064 [email protected] Grant Robertson - 01382 200 064 [email protected] DATE OF PUBLICATION: June 2016
Aberdeen 01224 625 024 Ayr 01292 271 030 Dundee 01382 200 064 Edinburgh 0131 225 1559 Falkirk 01324 638 377 Glasgow 0141 332 1194 Hamilton 01698 422 500 Inverness 01463 236 977 Kilmarnock 01563 528 000 Kirkcaldy 01592 266 211 Paisley 0141 889 3251 Perth 01738 445 733 Stirling 01786 463 111 Weybridge 01932 260 726
Tel: +44 (0)1382 200064 E: [email protected] IMPORTANT NOTICE Please read carefully 1. These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. Intending Purchasers/Tenants should not rely on these particulars but satisfy themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. 2. Graham & Sibbald have no authority to give any representation other than these particulars in relation to this property. Intending Purchasers/Tenants take the property as they find it. 3. Graham & Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any contract shall only be entered into by way of an exchange of correspondence between our client’s Solicitors and Solicitors acting for the Purchaser/Tenants. 4. All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of HM Stationery. 5. A list of Partners can be obtained from any of our offices.
DUNDEE FOR SALE
DD5 3UP • • • • •
ATTRACTIVE INVESTMENT OPPORTUNITY BENEFITS FROM CLASS 3 CONSENT PASSING RENT £15,600 PER ANNUM LEASE EXPIRY 05/01/2037 POPULAR NEIGHBOURHOOD PARADE LOCATION
the complete property service
UNIT 7, LAWERS DRIVE
FOR SALE
DUNDEE
LOCATION Dundee is Scotland’s fourth largest city with an estimated population of 145,000 and a catchment population in the region of 515,000. The city is the regional centre for commerce, retailing and employment within Tayside and is located on the east coast of Scotland with Aberdeen, Edinburgh and Glasgow all within a 90 minute drive time. More precisely, the subjects are located within the Panmurefield Village, 5 miles north east of the City of Dundee and on the outskirts of the affluent suburb of Broughty Ferry. The property is in close proximity to the A92 Dundee/Arbroath road. Surrounding operators include Dominoes Pizza, Co op Food Store and Davidsons Chemist. The approximate location of the subjects is shown by the OS plan to the side. DESCRIPTION The building comprises a purpose built single storey, mid terraced Hot Foot Takeaway unit. The subjects are of concrete block construction held beneath a pitched roof overlaid in tiles. The property benefits from a fully glazed display frontage and ample car parking close-by. Internally the subjects are regular in configuration and are fully fitted out as a Hot Food Takeaway. Accommodation We have measured the subjects in accordance with the RICS Code of Measuring Practice 6th Edition and estimate the Net Internal Area to be:
Accommodation
Sq m
Sq ft
Hot food takeaway
97.2
1,046
Lease terms/tenancy
Landlord
RB & JL Proprties Ltd
Tenant
SHAHZAD AKRAM
Lease Term
25 years
Date of Entry
06/01/12
Rent
£15,600
Date of Expiry
05/1/2037
Rent Review
5 yearly review platforms
Repair
FRI
Next rent review due 06/01/2017 TOWN PLANNING The subjects benefit from Use Class 3 in terms of the Town and Country Planning (Use Classes) (Scotland) Order 1997
CONTACT: Graham & Sibbald 1 Greenmarket DUNDEE DD1 4QB
PRICE Offers in the region of £190,000 are invited which represents a net initial yield of circa 8% after standard purchaser’s costs. RATING The subjects are entered into the current valuation roll with a rateable value of £11,900. The current rate poundage for the year 2016/17 48.4p, excluding water and sewerage rates. VAT For the avoidance of doubt all figures quoted are exclusive of VAT unless otherwise stated. Any prospective Purchaser should satisfy themselves independently as to the incidence of VAT involved in any transaction. EPC G FURTHER INFORMATION AND VIEWING Further information and viewing arrangements are available by contacting the Sole Selling Agents, Messrs Graham + Sibbald. Garth Davison - 01382 200 064 [email protected] Grant Robertson - 01382 200 064 [email protected] DATE OF PUBLICATION: June 2016
Aberdeen 01224 625 024 Ayr 01292 271 030 Dundee 01382 200 064 Edinburgh 0131 225 1559 Falkirk 01324 638 377 Glasgow 0141 332 1194 Hamilton 01698 422 500 Inverness 01463 236 977 Kilmarnock 01563 528 000 Kirkcaldy 01592 266 211 Paisley 0141 889 3251 Perth 01738 445 733 Stirling 01786 463 111 Weybridge 01932 260 726
Tel: +44 (0)1382 200064 E: [email protected] IMPORTANT NOTICE Please read carefully 1. These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. Intending Purchasers/Tenants should not rely on these particulars but satisfy themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. 2. Graham & Sibbald have no authority to give any representation other than these particulars in relation to this property. Intending Purchasers/Tenants take the property as they find it. 3. Graham & Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any contract shall only be entered into by way of an exchange of correspondence between our client’s Solicitors and Solicitors acting for the Purchaser/Tenants. 4. All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of HM Stationery. 5. A list of Partners can be obtained from any of our offices.
